What is the duration of bond with three years to maturity

Assignment Help Financial Management
Reference no: EM13913783

What is the duration of a bond with three years to maturity and a coupon of 7.7 percent paid annually if the bond sells at par?

Pls show work

Reference no: EM13913783

Questions Cloud

What is the probability that xy will be even : If x is chosen at random from the set {1,2,3,4} and y is to be chosen at random from the set {5,6,7}, what is the probability that xy will be even?
How is the special period rule for the reporting of fringe : How is the special period rule for the reporting of fringe benefits applied?
Describe difference between localization of a global product : Discuss which models of consumer behavior might be used to examine buyers in local markets and the importance of considering cultural elements to apply these models effectively.
Describe the source of competitive advantage for product : Describe the source of competitive advantage for your product
What is the duration of bond with three years to maturity : What is the duration of a bond with three years to maturity and a coupon of 7.7 percent paid annually if the bond sells at par?
Determine whether the samples are independent : Determine whether the samples are independent or consist of matched pairs (dependent samples).  The effectiveness of a new headache medicine is tested by measuring the amount of time before the headache is cured for patients who use the medicine and ..
Roofling company paid wages : Roofling Company paid wages of $319,600 this year. Of this amount, $193,900 was taxable for net FUTA and SUTA purposes. The state's contribution tax rate is 4.3% for Roofling Company.
What formula is used to gross-up supplemental payments : What formula is used to "gross-up" supplemental payments in order to cover the taxes on the supplemental payments?
Lessor and the lessee : Prepare an amortization schedule that would be suitable for both the lessor and the lessee and that covers all the years involved. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the expected return and standard deviation of return

You manage an equity fund with an expected risk premium of 11.8% and a standard deviation of 32%. The rate on Treasury bills is 3.2%. Your client chooses to invest $70,000 of her portfolio in your equity fund and $130,000 in a T-bill money market fun..

  What is the value of a stock with an expected dividend

If expected dividends grow at 6% and the appropriate discount rate is 10%, what is the value of a stock with an expected dividend of $2.75?

  Fixed assets-company had operated at full capacity

Company XYZ had $410 million in sales last year, and it had $75 million of fixed assets that were being operated at 80% of capacity. How large could sales have been (in Millions) if the company had operated at full capacity?

  How might managed earning threaten the credibility

How might managed earning threaten the credibility of the U.S. financial reporting system? If it is harmful should be get rid of managed earning? Why is it important to manage earnings?

  What equal series of payments must be paid into sinking fund

What equal series of payments must be paid into a sinking fund in order to accumulate each given amount?

  The profit margin rate would be

Financial information is presented below: THE PROFIT MARGIN RATE WOULD BE?

  Condition of the binomial distribution

Which one of the following is NOT a condition of the binomial distribution?

  The bonds makes no interest payments

Which of the following bonds makes no interest payments?

  Explain what is the amount of the average daily float

On average, it takes two days for the funds from these checks to be added to the firm's available balance at the bank once they have been deposited. What is the amount of the average daily float?

  How much would abby accumulate during an uninterrupted

Abby Slay who contributes $3,000 annually to a 401(k) plan with an employer match of $1,500 a year at 8% interest. How much would Abby accumulate during an uninterrupted 30-year career?

  What is the price of the bond

Cisco has issued an 7%, 20-year bond with a par value of 1000$ that pays interest quarterly. If the yield to maturity 8.5%, what is the price of the bond?

  How can the case manager assist the client

How can the case manager assist the client in transitioning to therapy when it is necessary?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd